Lululemon to shutter Washington distribution center, lay off 128 employees
Daily Trader Insights (Reuters) -Lululemon Athletica will close its distribution center in the state of Washington at the...
Daily Trader Insights
Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
By Federico Maccioni DUBAI (Reuters) – Stablecoin Tether’s recent growth is being driven by its...
Google scraps minimum wage, benefits rules for suppliers and staffing firms
By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back...
Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its...
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s...
NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its...
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson...
Apple supplier Foxconn introduces rotating CEO role
TAIPEI (Reuters) – Taiwan’s Foxconn has this month started a rotating chief executive system in...
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday,...
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops...